Global Cheese Powder Market Size & Outlook, 2023-2030
Global cheese powder market, 2018-2030 (US$M)
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Global cheese powder market highlights
- The global cheese powder market generated a revenue of USD 4,566.6 million in 2023 and is expected to reach USD 7,109.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.5% by 2030.
- In terms of segment, cheddar cheese powder accounted for a revenue of USD 1,827.1 million in 2023.
- Swiss Cheese Powder is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,566.6 million |
| Market revenue in 2030 | USD 7,109.6 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Cheddar cheese powder |
| Fastest growing segment | Swiss Cheese Powder |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cheddar Cheese Powder, Parmesan Cheese Powder, Blue Cheese Powder, Romano Cheese Powder, Swiss Cheese Powder, Other Cheese Powders |
Other key industry trends
- In terms of revenue, the North America accounted for 35.2% of the global cheese powder market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Spain is the fastest growing regional market and is projected to reach USD 158.8 million by 2030.
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Cheese Powder Market Scope
Cheese Powder Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global cheese powder market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cheese powder market will help companies and investors design strategic landscapes.
Cheddar cheese powder was the largest segment with a revenue share of 40.01% in 2023. Horizon Databook has segmented the Global cheese powder market based on cheddar cheese powder, parmesan cheese powder, blue cheese powder, romano cheese powder, swiss cheese powder, other cheese powders covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Cheese Powder Product Outlook (Revenue, USD Million, 2018-2030)
- Cheddar Cheese Powder
- Parmesan Cheese Powder
- Blue Cheese Powder
- Romano Cheese Powder
- Swiss Cheese Powder
- Other Cheese Powders
- Global Cheese Powder Application Outlook (Revenue, USD Million, 2018-2030)
- Snacks
- Bakery & Confectionery
- Dips/Dressings/Dry Mixes/Sauces
- Flavors
- Ready to Eat
- Other Applications
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Our clientele includes a mix of cheese powder market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global cheese powder market , including forecasts for subscribers. This global databook contains high-level insights into Global cheese powder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global cheese powder market size, by regions, 2018-2030 (US$M)
Top 10 countries: Cheese powder market size, 2023 (US$M)
Global cheese powder market share, by product, 2023 & 2030 (%, US$M)
Cheese powder market: Opportunity assessment by country
Global cheese powder market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,178.4 | 1,255.0 | 1,334.6 | 1,418.5 | 1,509.2 | 1,606.5 | 1,710.8 | 1,823.0 | 1,944.1 | 2,072.2 | 2,209.4 | 2,357.2 | 2,516.1 | 6.6% |
| Europe | 1,371.8 | 1,453.6 | 1,538.0 | 1,626.5 | 1,721.7 | 1,823.4 | 1,931.9 | 2,048.1 | 2,172.8 | 2,304.1 | 2,443.9 | 2,593.9 | 2,754.3 | 6.1% |
| Asia Pacific | 467.6 | 502.6 | 539.3 | 578.4 | 620.8 | 666.7 | 716.2 | 769.8 | 827.9 | 889.9 | 956.8 | 1,029.3 | 1,107.7 | 7.5% |
| Latin America | 179.0 | 191.5 | 204.6 | 218.5 | 233.6 | 249.8 | 267.2 | 286.1 | 306.5 | 328.1 | 351.5 | 376.7 | 403.8 | 7.1% |
| MEA | 167.2 | 176.8 | 186.7 | 197.1 | 208.2 | 220.1 | 232.7 | 246.3 | 260.7 | 275.9 | 292.1 | 309.3 | 327.8 | 5.9% |
| Overall | 3,363.8 | 3,579.5 | 3,803.2 | 4,039.0 | 4,293.5 | 4,566.6 | 4,858.8 | 5,173.2 | 5,512.0 | 5,870.3 | 6,253.6 | 6,666.3 | 7,109.6 | 6.5% |
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